French startup Fairmat raises $35 million led by Temasek and CNP

French startup Fairmat raises $35 million led by Temasek and CNP

• By Staff Writer

French startup Fairmat, which recycles carbon fiber has secured $35 million in a Series A funding round led by Temasek and CNP (Compagnie Nationale à Portefeuille). The funding round also saw participation from Pictet Group, Singular and The Friedkin Group International, among others. The startup, founded by Benjamin Saada, has raised $45.5 million since its inception.